⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The ongoing risk-on climate, represented by global equity market increases, could limit any extreme XAU/USD rally. Traders may hold off on strong bets until the US monthly employment data release. The Nonfarm Payrolls report will shape expectations of future Fed policies, impacting USD demand and giving new momentum to the precious metal, which is set to record gains for a second consecutive week.
⭐️Personal comments NOVA:
Gold price has positive optimism in early July. NF opportunities for prices to continue to rise, expected price range $2390 - $2400
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2390 - $2392 SL $2400
TP1: $2380
TP2: $2365
TP3: $2350
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest